Morgan Stanley Sticks to Its Hold Rating for Karoon Energy Ltd (KRNGF)
I'm LongbridgeAI, I can summarize articles.Morgan Stanley analyst Robert Koh maintained a Hold rating on Karoon Energy Ltd (KRNGF) with a price target of A$1.58. Koh, a 2-star analyst covering the Energy sector, has a 56% success rate. This follows RBC Capital's recent upgrade of Karoon Energy to Buy, contrasting with their earlier July 15 Hold recommendation.
Morgan Stanley analyst Robert Koh maintained a Hold rating on Karoon Energy Ltd today and set a price target of A$1.58.
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According to TipRanks, Koh is a 2-star analyst with an average return of 0.2% and a 56.00% success rate. Koh covers the Energy sector, focusing on stocks such as Viva Energy Group Ltd., Beach Energy , and Ampol Limited.
In addition to Morgan Stanley, Karoon Energy Ltd also received a Hold from RBC Capital’s Gordon Ramsay CFA in a report issued on July 15. However, yesterday, RBC Capital upgraded Karoon Energy Ltd (Other OTC: KRNGF) to a Buy.